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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 1,268.6 $ 1,285.9
Settlement assets 3,687.0 3,486.8
Property and equipment, net of accumulated depreciation of $438.8 and $512.8, respectively 91.4 109.6
Goodwill 2,034.6 2,034.6
Other intangible assets, net of accumulated amortization of $685.9 and $616.3, respectively 380.2 457.9
Other assets (Note 9) 737.0 859.9
Assets held for sale (Note 4)   261.6
Total assets 8,198.8 8,496.3
Liabilities:    
Accounts payable and accrued liabilities 453.0 464.0
Settlement obligations 3,687.0 3,486.8
Income taxes payable 659.5 725.3
Deferred tax liability, net 147.6 158.5
Borrowings [1] 2,504.6 2,616.8
Other liabilities (Note 9) 268.1 384.6
Liabilities associated with assets held for sale (Note 4)   182.5
Total liabilities 7,719.8 8,018.5
Commitments and contingencies (Note 5)
Stockholders' equity    
Preferred stock, $1.00 par value; 10 shares authorized; no shares issued
Common stock, $0.01 par value; 2,000 shares authorized; 350.5 shares and 373.5 shares issued and outstanding as of December 31, 2023 and 2022, respectively 3.5 3.7
Capital surplus 1,031.9 995.9
Accumulated deficit (389.1) (353.9)
Accumulated other comprehensive loss (167.3) (167.9)
Total stockholders' equity 479.0 477.8
Total liabilities and stockholders' equity $ 8,198.8 $ 8,496.3
[1] As of December 31, 2023, the Company’s weighted-average effective rate on total borrowings was approximately 4.0%.